ENJBTC trade ideas
ENJBTC - Bullish Triangle SetupMay 12, 2021
ENJ has been in a consolidation pattern with respect to Bitcoin. Now, we are in a position to break the consolidation triangle structure. Given that I believe the lower structure will hold, we seem to have two choices, either ENJ will do a clean break and gain bullish momentum swiftly, or it will enter another consolidation range and then have an explosive move upwards.
Regardless, it is an interesting entry point.
Not financial advice.
Peace!
Start your ENJin Looks like we ready for a attempt of new ATH ... i dunno if its printing a IHS but looks like it .... ema 50 and 200 squeezing and its trying to pop above .... ok ok ok its the hour chart yea i get it ... but i am only looking for signs of reversal of that LTF downtrend ... the red rectangle would be that resistance we wana break and then ship it ... green line would be my first target after that mega moon ... lets see how this plays out .. I have a bag cuz ENJ is one of my long term hold but i also play it on Kucoin with a bot. Kucoin grid-bot parameters are Range 0.000038 to 0.00015 entry 0.00005 and 70 orders thats it ... side note is that Kucoin bot i am still figuring out the optimal setup for different situation anyways will keep you posted on that.
ENJ/BTC MA BullCross/DoubleBottomEnjin/BTC
ENJIN going to the moon!
Although on the Fibonacci it's not hitting a typical point, It has a double bottom.
Double Bottom showing that a move towards bullish and up trend is coming!
Also down below we have an MA bullish crossover....
Good news for Enjin Coin! (ps. its also about to be released on Coinbase tomorrow....to the moon!!!!)
I like this coin a lot and have a lot of faith in it. Get in while the gettin is good!
LMK what you think!
ENJ is one of best alts from our golden list. x4 in month! 🚀🚀At the beginning we want to congratulate everyone who is playing with our long-term strategy and made with as x4 (in btc ) in ENJ in last month! 🚀
This is the reason why we are holding these coins for long-term until late bullrun and we don`t selling them after 100% or 200%. Every coin from our list can give you huge profit like dogecoin, chz or btt . These coin will go to the moon one by one .
What we are doing now?
We are still holding our huge package of ENJ .
Is it still good time to buy?
We believe that ENJ will go higher, price is already after little correction. However you must decide by yourself if you believe in ENJ or if you prefer to invest money in coin which didn`t made x4 in last month. Diversification is the key to success - our strategy says to keep small % of your money in all altcoins from our golden list. Thanks to this strategy if one or even few altcoins will not grow up as much as we wanted we have still many many good altcoins which make profits. We suggest you to use our long-term strategy and buy all coins from our list but with very small amount for every coin - not big amount in 2-3 coins, because if one of these 3 coins would fail you would fail with 1/3. With our strategy if one coin fail you would fail just in 1/ 40 . After 8 years in cryptocurrency market we know all these things and we are really happy that we can share them on our website and here on this beautiful platform - on tradingview.
Remember it is better to learn from the mistakes of others than from your own!
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
ENJ 1 year predictionthis is more for fun but using extreme points and new techniques ive leared i see this as a very good possibility
ENJ to aroun 5-7 dollars. then a slight bounce in the ABCD pattern into and inverse elliot wave ending in the end of february, and at aroun 1 dollar... which again coincides with my idea that a full 50% retracement from the current price is possible
comment ideas or alternative scenarios. id like to see how this aligns with other peoples perspectives.